The biggest winners in your portfolio continue to be the oldest investments in existence. Gold and silver seemingly can't be stopped, with the former up more than 70% year-to-date (YTD) and the latter posting a staggering gain of over 150% YTD.
Despite recent gains, Pan American Silver remains attractively valued against peers and offers leveraged exposure to further upside in silver. I see a conservative price target of $82 for silver, based on a technical cup-and-handle breakout projection. Q3 earnings delivered record cash flow, with Juanicipio's contribution already lowering silver costs and supporting margins.
VANCOUVER, British Columbia--(BUSINESS WIRE)--Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) (“Pan American” or the “Company”) has acquired ownership of 18,750,000 units of securities (each, a “Unit”) of Galleon Gold Corp. (TSXV: GGO) (“Galleon”), for C$0.60 per Unit, pursuant to a non-brokered private placement (the “Acquisition”), which was completed in connection with a brokered private ...
VANCOUVER, British Columbia--(BUSINESS WIRE)--Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) ("Pan American" or the "Company") released new drill results for its Jacobina, El Peñon, La Colorada, Huaron, Timmins, Minera Florida and Cerro Moro mines. “In 2025, we continued to advance our long-term exploration strategy aimed at replacing and growing our mineral resources, with strong results a...
Silver prices soared to a new all-time high on Friday, surpassing the $55 per ounce mark as investor optimism grew over a potential interest rate cut by the US Federal Reserve in December. The precious metal jumped over 3% to $55.01 per ounce just after US markets opened on Friday.
Gold and silver prices, buoyed by expected Fed easing, continue to fuel Pan American Silver. The IBD Stock Of The Day broke out Wednesday.
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